Is the era of stealth wealth over?

[messikens]

Stealth wealth only exists in your tiny bubble. If you truly look at it - 50% of folks can barely make ends meet.

The next 40% of folks are having a hard enough time to put kids through college, pay for their house, save for a semi-confortable retirement.

The next 5% are the ones that need a Rolex / maybe an AP to show theyve "made it" and splurge on vacays to Europe etc

Then the next 3% are concerned to drive a Porsche / Ferrari / McMansion / beach house and need to flaubt as much as possible to keep up with the Joneses

Then maybe you have 1.5% concerned about stealth wealth

The last 0.5% are so far removed from the lower ranks, they just don't care

[so nice]

Originally Posted by amphr1

It does not imply that at all. Stealth wealth is about not flaunting your wealth. It's so you are not a target of theft. Not create jealousy for the less well off. It's being sensitive about the real world you live in that is full of people from all walks of life. It's for people who are not living in a bubble where everyone you hang out with drives a Ferrari. (Disclaimer: my opinion only)

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Says the guy with a SS Daytona as his avatar

[Hollie_Rollie]

Originally Posted by amphr1

I'm thinking the principle of my child's elementary school is not underachieving, but he drives a Prius and can't afford a Rolex but he has way more respect from me than some stock market investor who drives a Ferrari.

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I don’t have a problem with either. Why judge.


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[RolexAwaytheDew]

For multiple reasons, owning a Rolex (of any kind) is the antithesis of stealth wealth, IMO. You can parse the various models and various levels of affluence all you want.

Stealth wealth, at the extreme, would be the billionaire sporting the Casio or Timex, not eschewing the Day-Date for the stainless steel Datejust or Explorer.

[Krash]

Originally Posted by amphr1

I'm thinking the principle of my child's elementary school is not underachieving, but he drives a Prius and can't afford a Rolex but he has way more respect from me than some stock market investor who drives a Ferrari.

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It’s better to go through life without judging people like this. The guy in the Ferrari could be a great husband, father, and a great guy to be around. Plus, I’m not even sure why someone draw such a conclusion anyway. It just sounds nonsensical.


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[t65tampa]

I’ve simplified things by decreasing the total number of watches in my collection and buying precious metal Rolex models instead. I’m happy with this move. I don’t care if they attract attention or not from others. I just want to like what I see and feel when wearing my watch.

[amphr1]

Originally Posted by so nice

Says the guy with a SS Daytona as his avatar

I didn't say I'm into stealth wealth. I'm just saying what it is about. Also this is a Rolex forum, what is my avatar supposed to be, a Casio?



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[amphr1]

Originally Posted by Krash

It’s better to go through life without judging people like this. The guy in the Ferrari could be a great husband, father, and a great guy to be around. Plus, I’m not even sure why someone draw such a conclusion anyway. It just sounds nonsensical.


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I agree.

But also, it seems like the full context of this is lost. My comment was in response to a previous comment that reads:

"...would imply you should be embarrassed and hide your financial achievements which I find nauseating. ... letting any social pressure change who you really want to be to make underachievers feel better about themselves is sad and a waist."

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[Cambo]

Hell no

[alphadweller]

Stealth wealth when it comes to Rolex is a myth.
Current white gold is non-rhodium plated (the Swiss and French call it grey gold to make the distinction). It does not lose its sheen. I have a WG VC Patrimony, they put platinum in the mix, no rhodium plating, still looks great after 10 years.

[daveeblows]

Originally Posted by amphr1

Congratulations! I wish I can be a 3 watch man. I also wonder if it's a slippery slope to become a 1 watch collection

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Well, as a minimalist on almost of all aspects of life I'd love to be able to get down to one. I can't imagine that, bur I like the idea! As of today , that'd have to be 126619 if it does exist on Oysterflex :)

[StylinProfilin]

Life is short. Wear whatever you want.

[YGRLX]

My daily is a platona…

[L_S_SHOE]

That era died years ago with the rise of social media.

People can’t resist showing off their material possessions, even if they can’t afford them.


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[codecow]

Originally Posted by amphr1

I'm thinking the principle of my child's elementary school is not underachieving, but he drives a Prius and can't afford a Rolex but he has way more respect from me than some stock market investor who drives a Ferrari.

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As long as the principal is happy with their work then they’re killing it.